FORT WORTH, Texas, May 16, 2019 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (AAL) (the “Company”) today announced that it priced $750.0 million aggregate principal amount of unsecured senior notes due 2022. The offering was increased from a previously announced size of $350.0 million aggregate principal amount of notes. The notes will have an interest rate of 5.000% per annum and are being issued at a price equal to 100% of their face value. The notes will be guaranteed on a senior unsecured basis by the Company’s direct wholly-owned subsidiary, American Airlines, Inc. The Company intends to use the net proceeds from the offering to fund contributions to its pension plans. The article was considerably longer. A lot of Finance gobbledegook. (Remember I was a flight attendant. I was paid to be cute not smart.) However, it does raise a few questions that maybe some of you can answer. 1. What pension plans? Are they talking about the frozen plans that should have been funded years ago? Or, perhaps still active executive pensions? 2. Does this not increase the debt load of the company? I thought the debt load (secured by airplanes) was the reason the stock price is so depressed as it is. And, this is unsecured debt! Who gives a company money to pay its obligations in a deal that has no guarantee of getting any of it back? 3. 5% interest rate is pretty attractive at this time. (My bank just paid me 0.05 cents monthly interest on $7000 deposit. I'm thinking maybe I should start looking at villas in the south of France.) Question is do we know the company is going to earn that kind of money that we will have the ability to pay that 5% interest? Just asking.